Falcon is a global energy company with projects in Hungary, Australia & South Africa

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Message: MOL - Investor Presentation January 2010

MOL - Investor Presentation January 2010

posted on Jan 26, 2010 03:00PM

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See slide 53 pertaining to Falcon and Mako trough.

http://www.mol.hu/repository/541438.pdf

Mol Sees ‘Stronger’ Diesel, Lower Gasoline Crack Spread in 2010

http://www.bloomberg.com/apps/news?pid=20601095&sid=ajcJxAKVW8qY

By Balazs Penz

Jan. 26 (Bloomberg) -- Mol Nyrt., Hungary’s largest refiner, said it expects its refining margins to be “stronger” for diesel and lower for gasoline this year than in 2009, with a “slightly increasing” crude price.

The company will keep its investment budget under “stringent” control, it said in an investor presentation published on its Web site. Mol expects a “moderate” decline in the production of its mature Hungarian and Croatian oil fields, with increasing production in Russia and Pakistan.

Retail fuel volumes may increase between 5 percent and 7 percent, excluding Mol’s Croatian unit Ina Industrija Nafte d.d., the company said.

Last Updated: January 26, 2010 05:28 EST

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